Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$499M |
| 2 |
Microsoft
MSFT
|
+$376M |
| 3 |
Amazon
AMZN
|
+$286M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$202M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$248M |
| 2 |
LPT
Liberty Property Trust
LPT
|
+$148M |
| 3 |
Procter & Gamble
PG
|
+$122M |
| 4 |
Visa
V
|
+$92.4M |
| 5 |
MDCO
Medicines Co
MDCO
|
+$89.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.12% |
| 2 | Healthcare | 15.34% |
| 3 | Financials | 13.68% |
| 4 | Consumer Discretionary | 9.77% |
| 5 | Communication Services | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GTY
1626
Getty Realty Corp
GTY
$2.06B
| $11.9M | ﹤0.01% |
501,571
+34,410
| +7% | +$1.01M |
|
1627
AZZ Inc
AZZ
$4.61B
| $11.9M | ﹤0.01% |
423,094
+30,473
| +8% | +$1.17M |
|
1628
Avis
CAR
$4.95B
| $11.9M | ﹤0.01% |
855,652
+42,253
| +5% | +$1.26M |
|
1629
Inspire Medical Systems
INSP
$1.76B
| $11.9M | ﹤0.01% |
196,909
+17,276
| +10% | +$1.28M |
|
|
NTUS
1630
DELISTED
Natus Medical Inc
NTUS
| $11.8M | ﹤0.01% |
511,085
+21,925
| +4% | +$637K |
|
1631
Upbound Group
UPBD
$1.19B
| $11.8M | ﹤0.01% |
835,439
+31,490
| +4% | +$758K |
|
|
DMC
1632
Del Monte Corp
DMC
$1.41B
| $11.8M | ﹤0.01% |
427,322
+27,366
| +7% | +$869K |
|
|
ETRN
1633
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $11.8M | ﹤0.01% |
2,340,677
+66,190
| +3% | +$579K |
|
1634
Autohome
ATHM
$2.65B
| $11.8M | ﹤0.01% |
166,660
+11,323
| +7% | +$893K |
|
1635
Telus
TU
$15.2B
| $11.8M | ﹤0.01% |
748,123
+73,271
| +11% | +$1.36M |
|
1636
Adient
ADNT
$1.65B
| $11.8M | ﹤0.01% |
1,296,773
+122,186
| +10% | +$2.46M |
|
1637
Innoviva
INVA
$1.52B
| $11.8M | ﹤0.01% |
999,418
+56,124
| +6% | +$742K |
|
|
ESPR
1638
DELISTED
Esperion Therapeutics
ESPR
| $11.7M | ﹤0.01% |
371,416
+25,340
| +7% | +$1.34M |
|
1639
Kadant
KAI
$3.85B
| $11.7M | ﹤0.01% |
156,637
+11,141
| +8% | +$1.06M |
|
1640
Greif
GEF
$5.08B
| $11.6M | ﹤0.01% |
373,584
+30,212
| +9% | +$1.15M |
|
1641
Astec Industries
ASTE
$1.08B
| $11.6M | ﹤0.01% |
331,694
+23,032
| +7% | +$903K |
|
|
REGI
1642
DELISTED
Renewable Energy Group, Inc.
REGI
| $11.6M | ﹤0.01% |
564,699
+37,920
| +7% | +$960K |
|
1643
Kulicke & Soffa
KLIC
$4.93B
| $11.6M | ﹤0.01% |
555,135
+3,054
| +0.6% | +$74.9K |
|
1644
Brown-Forman Class A
BF.A
$13.2B
| $11.6M | ﹤0.01% |
225,426
+14,438
| +7% | +$870K |
|
1645
NMI Holdings
NMIH
$3.35B
| $11.5M | ﹤0.01% |
993,790
+24,211
| +2% | +$640K |
|
|
ECOL
1646
DELISTED
US Ecology, Inc.
ECOL
| $11.5M | ﹤0.01% |
378,934
+942
| +0.2% | +$43.6K |
|
1647
CTS Corp
CTS
$1.91B
| $11.5M | ﹤0.01% |
461,902
+31,887
| +7% | +$868K |
|
1648
Scholastic
SCHL
$814M
| $11.5M | ﹤0.01% |
450,922
+32,025
| +8% | +$1.04M |
|
1649
Champion Homes
SKY
$4.91B
| $11.5M | ﹤0.01% |
732,956
+17,255
| +2% | +$461K |
|
1650
Enpro
NPO
$7.12B
| $11.5M | ﹤0.01% |
290,024
+21,789
| +8% | +$1.2M |
|
Similar funds
Geode Capital Management's Q1 2020 Portfolio in Review
As of Q1 2020, Geode Capital Management held 4,292 positions worth $384B, down 20% from $478B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Geode Capital Management's Q1 2020 filing shows 103 new, 3,113 increased, 564 reduced and 177 closed positions. Its largest new stake was Perdoceo Education: 1,042,040 shares worth $11.2M. The largest sale was Wellcare Health Plans, Inc., an estimated $248M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q1 2020 buy was Perdoceo Education: 1,042,040 shares worth $11.2M.
- Geode Capital Management added most to Apple in Q1 2020, an estimated $499M increase.
- Geode Capital Management's biggest Q1 2020 reduction was Procter & Gamble, cutting an estimated $122M.
- Geode Capital Management fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $248M.
- Geode Capital Management's ten largest holdings make up 21% of its $384B portfolio in Q1 2020.
- Geode Capital Management opened 103 new positions and closed 177 in Q1 2020.
- Geode Capital Management's portfolio value fell 20% quarter-over-quarter to $384B.
Based on Geode Capital Management's 13F filing for Q1 2020, filed 14 May 2020.